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Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production

Antràs, Pol - C.E.P.R. Discussion Papers - 2011

I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...

Persistent link: https://www.econbiz.de/10009320400

Global Sourcing of a Complex Good

Van Biesebroeck, Johannes; Zhang, Lijun - C.E.P.R. Discussion Papers - 2011

We analyze a firm that produces a final good from multiple intermediates that can each be sourced domestically or from a low-wage country. The model explicitly incorporates that sourcing decisions of intermediates are interdependent. Equilibrium predictions depend crucially on a key modeling...

Persistent link: https://www.econbiz.de/10009324256

INFORMAL WAGE AND FORMAL SECTOR PRODUCTIVITY : THEORY AND EVIDENCES FROM INDIA

Maiti, Dibyendu; Marjit, Sugata - East Asian Bureau of Economic Research (EABER) - 2009

We express a doubt on the conventional wisdom namely, of a positive relationship between wage and productivity, of a formal sector firm in a developing economy where the firm can either go for subcontracting to the informal sector to minimize wage cost along with apprehension of extra-legal cost...

Persistent link: https://www.econbiz.de/10009363362

Firm Heterogeneity in the Choice of Offshoring : Evidence from Korean Manufacturing Firms

Hyun, Hea-Jung - East Asian Bureau of Economic Research (EABER) - 2009

Using firm-level data on offshoring of Korean manufacturers, the paper examines the relationship between firm heterogeneity and the probability of adopting offshoring. The results of the paper suggest that firm productivity may not be an important determinant for Korean firms offshoring...

Persistent link: https://www.econbiz.de/10009363753

Demographic Complementarities and Outsourcing : Implications and Challenges for India

Asher, Mukul G.; Nandy, Amarendu - East Asian Bureau of Economic Research (EABER) - 2006

This paper analyses the implications of differing global demographic trends for Indias competitiveness in outsourcing … growth rate and occupy all segments of global outsourcing and offshoring activities. India has used the labor cost advantage …

Persistent link: https://www.econbiz.de/10009364007

Has Liberalization Strengthened the Link between Services and Manufacturing?

Pasadilla, Gloria O.; Liao, Christine Marie M. - East Asian Bureau of Economic Research (EABER) - 2007

integrated manufacturing firms in developed economies and, at the same time, to an increase in outsourcing of these same services …

Persistent link: https://www.econbiz.de/10009365336

Vertical Integration Versus Outsourcing in Industry Equilibrium

Wang, Bin - East Asian Bureau of Economic Research (EABER) - 2006

We study the determinants of the extent of in-house vertical integration and of outsourcing in foreign countries …

Persistent link: https://www.econbiz.de/10009365359

The Economics of Outsourcing in a De-integrating Industry

Ghani, Jawaid Abdul; Rana, Arif Iqbal - East Asian Bureau of Economic Research (EABER) - 2005

Many large firms in low scale economy industries are actively considering outsourcing options, in the face of … competition from smaller more efficient players. Based on a review of the theoretical literature and a case-study of outsourcing … for outsourcing be evaluated in terms of level of proprietary knowledge, economies of scale, inefficiencies of vertical …

Persistent link: https://www.econbiz.de/10009365363

Productivity, Relationship-Specific Inputs and the Sourcing Modes of Multinationals

Defever, Fabrice; Toubal, Farid - C.E.P.R. Discussion Papers - 2011

We investigate the roles of productivity and the specificity of inputs for the international sourcing strategy of firms which are part of a multinational network. We present a framework in which firms decide to import from a foreign independent supplier or from their related party abroad...

Persistent link: https://www.econbiz.de/10009365648

Services Trade and Policy

Francois, Joseph; Hoekman, Bernard - C.E.P.R. Discussion Papers - 2009

Since the mid-1980s a substantial body of research has taken shape on trade in services. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on...

Persistent link: https://www.econbiz.de/10008502579